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. dagen: cheryl and dennis ahead with the sick stock pick. really? how you could make some money. ♪ [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. dennis: im dennis kneale neil. cheryl: hello everyone. i am cheryl casone. jack lew will be nominated by the president to replace timothy geithner. whether he has the right credentials to do this job. dennis: we are live from the herbalife convention. cheryl: we are live in chicago where the fast food giant is testing out a big seller. dennis: stocks every 15 minutes. nicole petallides. stocks of a second day. nicole: some of those products really are revenue generators. we will see what happens with those wings. the dow jones industrials are up right now. the s&p 500 up a quarter of a percent. the tech heavy nasdaq is pulling back
back, dennis kneale. dennis: iran targeting her bank account. cyber city experts say tehran is behind the hack attack on u.s. banks to help me keep your money safe? we will tell you. cheryl: major job cuts coming to morgan stanley. charlie gasparino warning 6% of the global financial giants workforce is getting hit. dennis: guess what is more popular in a new poll. congress or cockroaches. the bugs win. stocks every 15 minutes, nicole petallides on the floor of the new york stock exchange, what is going on, nicole? nicole: we are up about 80 points on wall street, a gain of half of 1%, the s&p is up one third of 1% and the nasdaq up a half a percent. a winning day thus far, names that have sold off recently. today bouncing back, hewlett-packard often don didn't hurt either. technologies are busy, some names that are helping that index along. let's take a look at herbalife. taking 8.2% stake in herbalife according to a filing with scene in the trading too high is halted, one of the circuit breakers, there is, up $2, $40, $40.42 per share. cheryl: a strong start earnings season from alc
not go up. let's bring in rich edson. rich: that is right, dennis, this is just starting here. president obama say back congress orders me to spend. they should raise the debt ceiling allowed me to pay those bills. also, the president signed those bills into law. he says, look, we need to take this debt ceiling, put it aside, rape the debt ceiling and then we can argue over spending. he says we have done about half the deficit reduction that we can do over the last couple of years. we have been debating debt and deficit over the last couple of years. the american people decided this in the election and they agree with me. logan ayres and billionaires are paying significantly more taxes thanks to that fiscal cliff feel that he just signed into law. a note on gun control expected to be delivered to the president tomorrow. he says he will have a proposal later this week. the executive order action and some changes that would have to make it through congress. this is mostly about gun control. back to you. dennis: thank you. cheryl: he also addressed the lack of women in his new cabinet appoi
president joe biden meeting with some big names in the video game industry. dagen: dennis kneale is that a game stop. dennis: we are here now with todd mitchell of green capital. he follows the videogame business for his clients. thank you for being with us. all the stocks took it after the connecticut shootings. which one are you recommending right now? >> we are recommending activision. we have a hold on take two. dennis: why do you have a hold on take two? it is shooting people in the streets. >> we have some concerns about the exposure to this incident. it is more of a structural issue of them not being able to transition to a digital model. dennis: the game makers are going to more of an online model. now, sales in december fell 20% from a year over go. in 2012, sales fell 22%. do you think the sales were hurt by the connecticut shootings? >> on the margin, no. dennis: overall, you are saying 30% fewer games. the revenue went down 22%. >> i do not think we are in trouble. we are looking at retail sales here. i highlight two factors. call of duty and halo sold very well. on a
very much. we'll be right back. dennis: welcome back, everybody. we are continuing to talk about boeing and it 787. i notice that you said that these problems could force some kind of severe action from regulators as they get into this. what kind of action could that be? >> one of the issues that we look at is the ability of the aircraft to fly long distances over water. that is integral to what the 787 is all about. extended overwater operations. the electrical system and the reliability of the engines speak to the granting of this. as far as he tops, it is currently being delivered at 180 minute. these issues are ones where regulators are watching very closely. its authority that they can withdraw at any time. dennis: that would have an impact on cash flow, would it not? could that have a big impact? >> this is not at a level where they can adjust it. it would be far more expensive to slow down. that is the difficulty in aircraft manufacturing. even if you determine you have some type of issue, you keep building and correctly and you fix it after the fact. in regards to production rat
in the videogame industry. dennis kneale at eight games stop right here in manhattan. dennis: videogame stocks are down 8% to 18% since those shootings because investors are worried to blame violent video games. david axelrod tweeted within two days of the shooting saying maybe we should stop marketing murder. we talked to a videogame analyst earlier today. you do not have the same murder rate by gun that you have in the u.s. and other countries. >> this is a global business. they play the same games in europe and japan. they do not have the same issue. rich: todd mitchell going on to say that when you start to blame mobile games, it is politicians going after and easier target. of course, the supreme court ruled in 2011 that video games themselves are protected by first amendment rights. what can government really do? government decided that comic books were causing juvenile billy quincey. they say the industry never recovered from that. they will make sure that they do not go through the same pain on videogames and violence today. back to you. lori: such an interesting interpretation. everyo
. workplace productivity is down. you can blame the flu. many of our regular viewers may know this. dennis dennis kneale is home along with thousands of americans because he has the flu. forty-one states are reporting severe cases of the flu. if you think that the flu shot that you got will protect you, think again. doctor manny alvarez joins me now on that. >> it will save you. we want everyone to get the flu shot. that is the whole message. 60% of the time it works. in particular, the flu shot this year has met the criteria for being a good batch. there is a lot of people, you know, getting the flu despite the fact that they got the flu shot. sometimes they do not get the complete immune response. there is still plenty of time to get the flu shot. this will probably be one of the worst of record. employees are not coming into work. they are either staying home for themselves or they are staying home for their children. >> absolutely. for a lot of companies, they give free flu shots. nobody takes advantage of that. a lot of the workers come in sick and may affect other workers. that is a
they traded in coffee houses. after a while they decided, let's create and enforce rules with dennis, the house. if you default you are going to get kicked out of the coffee house. we are going to call you a lame-duck. that is where the expression comes from. they have to waddle out and leave the exchange. john: and the coffeehouse, one of the first ones begin the london stock exchange. >> that's right. the mother became my word is my bond it. john: thank you. we need government. we need regulation to make sure. it does not have to be government regulation. coming up, how smart are robots about to get? also, how the internet helps us keep an eye on government and out government officials polk out government officials polk at a dry cleaner, out government officials polk we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ >> no more secrecy. that's a commitment i make to you. john: no more secrecy sounds good. ev
over the last week like dennis lockhart today, and we are seeing everybody in the fed lining up over the conduct of qe relative to its effectiveness as well as its risks, but the all important vote, of course, ask the fed chairman's, and i'm sure he'll talk about it in michigan this afternoon. >> use the ten year as the benchmark, is it below 20% for the near term? >> treasuries are in a range. once ben bernanke speaks at four o'clock this afternoon, market attention turns to the economic data we have. we have a lot of that da over the next three days. beyond that, the all important focus on what's going on in washington, 1 washington battles over the hearts and minds of spending cuts. >> the president, moments ago, spoke on the necessity of raising the debt ceiling, that the u.s. has to pay the bills it's racked up or markets could go haywire causing a self-inflicted wound to the economy. is he exaggerating? what's the take on the remarks in reaction how the debt ceiling sorts itself out? >> i don't think he's exaggerating at all. we have these debates every year right now, and we h
are in, and there are some surprises about who was left out. no surprise, dennis kneele is on the story. >> reporter: a dead president, a dead terrorists, and a computer animated tagger let oscar nominations out today along with a major snub that may reflect hollywood liberal bent. an impressive 12 nominations including best picture, best director, and the three bids for actors. "life of pi" came in second, now, the nine best film, commercially a better crop than last year. a silent film won best picture, though few people ever bothered to see it. the best film nominees include the musical box office hit "les miserables" with eight nominations total. "silver lingings playbook." "django unchained" got five nominations, and the air ron hostage thriller "argo" got seven nominations. the osama kill mission thriller "zero dark thirty" getting five oscar nods, but nothing for its director who won the oscar for the her locker a few years ago. hollywood accusing her of endorsing torture as a way of -- playing a role in finding a osama. the dark horse is this little noticed "beast of the souther
Search Results 0 to 9 of about 10